Reply to If we moved somewhere cheaper, could we live off principle?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]Awesome! Do you personally follow this type of lifestyle?[/quote]

He's a little more hardcore than I could ever be, but I follow his blog and apply the information to my life in the areas where I can. Reducing consumption is something we should all strive for. I do plan on retiring "early" if at all possible. I'm 34 now, and I could see it happening before I'm 45

[quote]And what are you going to do if you develop a condition that requires home nursing? Do you realize that 24-7 nursing care costs around 130,000 a year? Who is going to take care of you if you are disabled?[/quote]

This is the worst argument for continuing to work. Plan for the most likely scenario, not this. Buy some LTC insurance if it makes you feel better. Don't work forever [i]just in case[/i] something happens to you. You could be hit by a bus tomorrow. Don't spend your life working. Spend it living.

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Um, how many old people have you cared for? All the old people in my family except for my grandfather required years of expensive nursing in their old age (could not go to bathroom by themselves, dementia, etc). How do you see your elderly years going?[/quote]

In a blaze of heroin induced glory. I'm not sitting in some hospital having my ribs broken by nurses as they resuscitate me. 
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Planning on it does not mean it'll happen.   You can end up in a Medicaid nursing home or a $10k/month assisted living facility/resort depending on your resources.  Most people end up at one way before the hospital being resuscitated.[/quote]

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